State Assessed Property Forums

The Minnesota Department of Revenue invites you to our State Assessed Property Spring Forum. You can attend in-person or online.

When:     Wednesday, March 11, 2020
                 9 a.m. to 12 p.m.
                 Registration starts at 8:30 a.m. 

Where:    Harold E. Stassen Building
                 Room 2000
                 Map, parking options, and public transit options
 

Register:  Use this link: Eventbrite - 2020 State Assessed Property Spring Forum. 
                  Please register by February 17, 2020

Presentations
Attendees are welcome to give presentations at this form. If you would like to present, email us at sa.property@state.mn.us by March 4, 2020.

Draft 2020 Capitalization Rate Study
We will post the draft 2020 Capitalization Rate Study on our Capitalization Rate Study webpage by February 28, 2020.

Public Comment Period
We welcome comments about the Draft Study. You can provide your comments at the forum or by emailing sa.property@state.mn.us by March 28, 2020.

We will compile and review all written comments.

In the past, we held the Spring Forum before posting the Draft Capitalization Rate Study. This year, we are posting the Draft Study ahead of the Spring Forum to allow comments on the draft during the forum.

Why are you posting the draft before the forum?

We think there’s value in allowing participants to view it before the forum. This will allow in-person feedback on industry trends, current market conditions, and other factors affecting the draft. This also matches feedback from participants requesting that the department post the draft prior to the Spring Forum.

Spring Forum

What is the State Assessed Property Spring Forum?

This forum is an opportunity for interested parties to discuss current market conditions, industry trends and developments, mergers and acquisitions, new projects, and other topics that may affect the Capitalization Rate Study.

We use this forum to foster discussion about the Capitalization Rate Study and the factors that affect the cost of capital in the utility, pipeline, and railroad industries. Common factors include:

• Current market conditions and industry trends
• Guideline company selections and recent mergers/acquisitions
• Cost of equity and equity risk premium
• Cost of debt
• Betas
• Growth rates

Who will be at the Spring Forum?

To encourage a wide variety of knowledgeable participants, we invite company representatives from each market segment, academic professionals, employees at the Minnesota Department of Commerce and Public Utilities Commission, appraisers, and assessors.

Feel free to share the invitation to anyone you think would benefit from attending or would like to participate.

Fall Forum

What is the State Assessed Property Fall Forum?

This forum is an opportunity for interested parties to discuss a variety of topics that impact the administration of railroad, utility, and pipeline property taxes.

We use this forum to discuss topics for our company and county customers and to foster discussion between each group.

Who will be at the Fall Forum?

We invite company representatives from the utility, pipeline, and railroad industries and the county assessors and auditors.

Feel free to forward the invitation to anyone you think would benefit from attending or would like to participate.

• 2019 Fall Forum Presentation
• 2019 Spring Forum Presentation
• 2018 Fall Forum Presentation
• 2018 Spring Forum Presentation
• 2017 Fall Forum Presentation
• 2017 Spring Forum Presentation
• 2016 Fall Forum Presentation
• 2015 Fall Forum Income Approach
• 2015 Fall Forum Minnesota's Unique Property Tax System
• 2015 Fall Forum Power Line Credit 
• 2015 Fall Forum Utility and Pipeline Property Types /Solar and Wind Energy Production Reports
• 2015 Fall Forum State Assessed Property Section Overview